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Horace Avenue, Romford, RM7

London

£450,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
955 sqft

Description

This property presents a compelling opportunity for those seeking to invest in a home with renovation potential. Located in a highly desirable area of Romford, you will benefit from convenient access to various amenities, including The Brewery for cinema and dining, along with the extensive shopping options available at Liberty Shopping Centre. The proximity to the Elizabeth Line ensures that commuting to Central London is straightforward, while families will appreciate the nearby reputable schools such as Rush Green Primary and Concordia Academy.

Inside, the traditional layout seamlessly accommodates modern living. The ground floor features a bright living room with an appealing bay window, transitioning into a dedicated dining space and a kitchen that overlooks the garden. On the upper floor, there are two generously sized double bedrooms alongside a versatile third room, complemented by a family bathroom. The outdoor area boasts a private garden with significant potential for extension or reconfiguration, subject to planning permissions.

This property is ideal for anyone looking for a project they can personalize and enhance. Schedule your viewing today to discover the possibilities this home has to offer.

Investment Analysis

(RM7 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£471/sq ft
Area Average
£448/sq ft
Avg Rent (weekly)
£408
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £55,000
Target Value
£470,414
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (RM7)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +4.4%
5 year growth: +20.7%
Investment Disclaimer: Analysis based on RM7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Horace Avenue, Romford, RM7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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